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Applying The Transformation Process to Goods and Services

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Can the transformation process be applied to both goods and services? How might data be used during the process?

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"Business process transformation aims to improve the efficiency of business operations by removing duplicate or unnecessary steps and automating as many processes as possible. It involves a radical rethink of what processes are and how they can best be executed. Financial services industries, which were protected for many years by regulatory barriers to the entry of new competitors, have been slow to streamline their operations along business ...

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This solution discusses whether the transformation process can be applied to both goods and services in 265 words.